TBC Bank Group PLC (OTCMKTS:TBCCF) Sees Significant Increase in Short Interest

TBC Bank Group PLC (OTCMKTS:TBCCF) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 8,800 shares, an increase of 22.2% from the September 30th total of 7,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

TBC Bank Group Price Performance

OTCMKTS TBCCF remained flat at $33.10 on Wednesday. The company’s 50 day simple moving average is $33.10 and its two-hundred day simple moving average is $32.92. TBC Bank Group has a fifty-two week low of $32.50 and a fifty-two week high of $33.10.

About TBC Bank Group

TBC Bank Group PLC, through its subsidiaries, provides banking, leasing, insurance, brokerage, and card processing services to corporate and individual customers in Georgia, Azerbaijan, and Uzbekistan. The company operates through Corporate; Retail; and Micro, Small and Medium Enterprises segments. It offers mortgage, digital, consumer, car, pawnshop, and startup loans, as well as overdraft; working capital and fixed assets financing, credit line, trade finance, and business financing; treasury products; and term and savings deposits, mortgage, credit cards; current, and nominee account services.